1 BEML share price target reports by brokerages below. See what is analyst's view on BEML share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
We raise our earnings by 5% in FY20E on healthy performance in Q1FY20. Accordingly, we increase our TP by 3% to INR 1,180 as we roll forward by a quarter to 27x (unchanged) June 2021E P/E. We maintain positive view on the infrastructure & defense industries and reiterate our Buy rating on the company, owing to high order book and huge opportunity in the metros & defense segments.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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